Environment & Climate Change

Decarbonizing existing buildings is a key component of greenhouse gas emission reduction strategies, but private investors have been slow to finance residential decarbonization projects because of a range of barriers. Authors Chang, Fornara, and Sanghvi argue that green banks could play a major role in unlocking public and private financing for projects that are currently financially unviable. 

Amy Harder, the founding Executive Editor of the climate policy publication Cipher News, expressed her surprise with several positive outcomes from the recent 28th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP 28) in Dubai during a special episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.”

The International Energy Agency predicted last month that demand for global oil for transport will peak around 2026, plateau for all uses by 2028, and possibly hit a zenith by the end of the decade. Harvard experts say the forecasts track with what’s going on in the developed world, but the energy needs of less-wealthy nations pressing to develop their economies could foil expectations for years to come.

Esteemed economist Geoffrey Heal lauded recent technological advancements while also expressing his frustration with the impact of international efforts to combat climate change policy during the latest episode of “Environmental Insights: Discussions on Policy and Practice from the Harvard Environmental Economics Program.” The podcast is produced by the Harvard Environmental Economics Program.

Arctic Initiative Research Fellow Andrey Todorov analyzes options to integrate the ecosystem-based approach (EBA) with Arctic Ocean governance.

Energy and water are tightly linked. We use extraordinary amounts of energy for municipal water systems and irrigation. And we use huge volumes of water in energy too. How could we use less energy and water to make more of both? Afreen Siddiqi and Newsha Ajami discuss on PBS' Energy Switch.

This paper explores the unique conditions that made the Agreement to Prevent Unregulated High Seas Fisheries in the Central Arctic Ocean possible and examines how success was achieved by the interrelationships of science, policy, legal structures, politics, stakeholder collaboration, and diplomacy.

As climate change and economic activity in the region accelerate in the Bering Strait region, the United States and Russia have a common interest in mitigating these shared environmental risks. A November workshop hosted by Harvard Kennedy School’s Arctic Initiative, the Wilson Center’s Polar Institute, and the World Wildlife Fund (WWF) brought together seventeen experts to explore potential actions that the United States and Russia could pursue, jointly or independently, to protect the Bering Strait’s sensitive marine ecosystem and coastal communities. 

Joshua Schwartz and Sabrina Arias write that although Congress seems unable to act, enough states, cities and counties are mobilizing to make a dent in U.S. carbon emissions. The states, cities, counties, and towns that have committed themselves to upholding the Paris agreement currently release a majority of U.S. carbon emissions. If they do manage to meet their targets, they can make a meaningful difference.

The Danish Minister of Climate, Energy, and Utilities expressed his hope that the tragic war in Ukraine will help accelerate the clean energy transformation by weaning Europe off Russian gas during a Virtual Forum (view recording here) last Friday (April 8). The event was hosted by the Harvard Project on Climate Agreements (HPCA) and moderated by Robert Stavins, HPCA Director and A.J. Meyer Professor of Energy and Economic Development.